7 Land for Sale by Auction (Lelong) in Shah Alam, Selangor
Shah Alam, a rapidly growing city in Selangor, offers a unique opportunity for buyers seeking land through bank auction. These auctioned plots, often priced below market value, provide a cost-effective entry point for investors or those planning to build their dream home. With a small selection currently available, the bank auction process is straightforward: register as a bidder, pay a 10% deposit, and participate on auction day. For more information on auction dates, reserve prices, and the bidding process, contact Peter Tan, the auction house agent.
Jalan Merah Pulasan U9/4B
No. 13, Jalan Merah Pulasan U9/4B, Seksyen U9, 40150 Shah Alam, Selangor
Jalan Sungai Kandis
Lot 1867, Jalan Sungai Kandis, Kampung Sungai Kandis, Seksyen 35, 40470, Shah Alam, Selangor
Jalan U9/6B
No. 14, Jalan U9/6B, Seksyen U9, 40150, Shah Alam, Selangor
Jalan Laksamana 12/1
No. 7, Jalan Laksamana 12/1, Seksyen 12, 40100, Shah Alam, Selangor
Jalan Merah Pulasan U9/4A
No. 34 (PT 1431), Jalan Merah Pulasan U9/4A, Kayangan Heights, Seksyen U9, 40150, Shah Alam, Selangor
Jalan U9/7A
No. 32, Jalan U9/7A, Seksyen U9, 40150, Shah Alam, Selangor
Jalan Kejora U5/121
No. 38, Jalan Kejora U5/121, Taman Puteri Subang, Seksyen U5, 40150, Shah Alam, Selangor
How to Buy an Auction Property in Shah Alam
- 1Shortlist properties
Browse auction listings in Shah Alam, compare each reserve price against nearby market prices and note the discount. Unsold properties are re-auctioned at a lower reserve, typically dropping 10% per round.
- 2Do your due diligence
Get the Proclamation of Sale (POS), check the land title, quit rent and assessment, outstanding maintenance fees and utility bills, and whether the property is still occupied. For strata units, confirm who settles arrears with the management office.
- 3Arrange financing early
Most banks finance auction purchases, but the balance is due within 90 to 120 days of the auction. Get loan pre-approval before bidding so your deposit is never at risk of forfeiture.
- 4Register and pay the deposit
Register before auction day through the bank's e-Lelong portal or the licensed auctioneer, and prepare a bank draft of 5% to 10% of the reserve price as the deposit. Requirements vary slightly between banks and auction houses.
- 5Bid and complete
Bid on auction day. The winning bidder signs the memorandum of sale on the spot and settles the balance within 90 or 120 days as stated in the POS, after which the transfer is completed. An auction specialist can guide you through every step.
Reminder: auction properties are sold as-is and may come with arrears or occupants, so always complete due diligence first. Contact Peter Tan for free guidance through the whole process. Read the full buying guide →
FAQ · Shah Alam Land
How many land auctions are there in Shah Alam?+
There are currently 7 bank auction (lelong) land listings in Shah Alam, Selangor, updated regularly.
How much below market are Shah Alam land auctions?+
Reserve prices for land auctions in Shah Alam are typically 10-40% below market value, even lower after several rounds.
Can I get a loan for a lelong land in Shah Alam?+
Yes, many banks finance auction properties. Get loan pre-approval before bidding. Contact Peter Tan for details.
How much deposit do I need to bid in Shah Alam?+
You typically need a bank draft of 5% to 10% of the reserve price as the deposit. After a successful bid, the balance is due within 90 to 120 days as stated in the Proclamation of Sale.
What are the risks of buying a lelong property in Shah Alam?+
Auction properties are sold as-is and may carry outstanding maintenance fees, utility bills or occupants. Review the Proclamation of Sale and do a title search before bidding, or engage a specialist to assess it for you.